Boyd Gaming Corporation

NYSE:BYD Stock Report

Market Cap: US$6.2b

Boyd Gaming Dividends and Buybacks

Dividend criteria checks 2/6

Boyd Gaming is a dividend paying company with a current yield of 0.95% that is well covered by earnings.

Key information

1.0%

Dividend yield

9.8%

Buyback Yield

Total Shareholder Yield10.8%
Future Dividend Yield1.0%
Dividend Growth19.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio3%

Recent dividend and buyback updates

Boyd Gaming (NYSE:BYD) Will Pay A Dividend Of $0.18

Dec 08
Boyd Gaming (NYSE:BYD) Will Pay A Dividend Of $0.18

Recent updates

BYD: Execution And Capital Returns Will Balance Mixed Views On Future Repricing

Analysts have adjusted their average fair value estimate for Boyd Gaming, reducing it by about $0.87 to $93.93. This change reflects a combination of modest price target cuts and increases as they reassess near term catalysts, margin assumptions, and the appropriate P/E multiple.

Boyd Gaming Q1 Results: A Rare But Non-Threatening Double Miss

Apr 25

BYD: Recent Execution And Repurchases Will Support Future Repricing Despite Regulatory Scrutiny

The blended analyst price target for Boyd Gaming has shifted slightly higher to about $94.80, as analysts factor in unchanged fair value estimates, modest adjustments to discount rates and growth assumptions, and a mix of recent price target increases and reductions across the Street. Analyst Commentary Recent Street research around Boyd Gaming reflects a mix of incremental price target raises and cuts, which feeds into the modestly higher blended target around $94.80.

BYD: Digital Expansion And Repurchases Will Support Future Repricing Despite Prediction Scrutiny

Narrative Update The average analyst price target for Boyd Gaming has shifted slightly, moving by $1 as firms fine tune their views based on updated sector previews, expectations for Las Vegas recovery, and outlooks for digital gaming and sports prediction clarity. Analyst Commentary Recent research on Boyd Gaming points to a mixed but generally constructive tone, with several firms fine tuning price targets in both directions.

BYD: Digital Expansion And Share Repurchases Will Support Future Repricing

Narrative Update Boyd Gaming's average analyst price target has seen only a modest adjustment, with a net $1 move reflecting a mix of small upward and downward revisions as analysts balance recent sector headwinds with ongoing expectations for both land-based and digital gaming performance. Analyst Commentary Recent research on Boyd Gaming points to a split view, with some analysts lifting price targets and others trimming them, as they weigh prospects for land-based and digital gaming against sector specific risks.

BYD: Digital Expansion And Share Repurchases Will Drive Future Repricing

Analysts made a small downward tweak to their Boyd Gaming price target, trimming it by $1 as they factor in slightly higher discount rates and a lower assumed future P/E. This adjustment is partly offset by steady fair value, revenue growth, and margin assumptions, as well as a balanced mix of recent target increases and decreases across the Street.

BYD: Digital Upside And Share Repurchases Will Shape Future Repricing

Analysts have nudged their average price target on Boyd Gaming slightly lower by about $1. This reflects a mix of modest reductions from firms like Morgan Stanley, Susquehanna, and Wells Fargo, partly offset by recent increases from Stifel, Mizuho, and Truist that highlight differing views on future revenue growth, profitability, and appropriate P/E levels.

BYD: Digital And Land Based Mix Will Shape Future Repricing

Analysts have nudged their price targets on Boyd Gaming higher, with recent US$1 to US$10 upward revisions. These changes are supported by assumptions of steadier revenue growth, a slightly higher discount rate, and a modestly adjusted future P/E and profit margin profile.

BYD: Digital Uncertainty And Buybacks Will Shape Future Sector Repricing

Narrative Update: Boyd Gaming The analyst price target for Boyd Gaming has moved higher by about US$2, as analysts factor in slightly stronger fair value assumptions along with updated views on growth, margins and future P/E levels informed by recent sector research and company specific commentary. Analyst Commentary Recent Street research on Boyd Gaming highlights a mix of optimism and caution as analysts update price targets and reassess the balance between land based casinos and digital gaming exposure.

BYD: Digital Uncertainty And Heavy Buybacks Will Shape Future Returns

Analysts have inched their average fair value estimate for Boyd Gaming up from about $92.00 to roughly $92.33, reflecting updated views on revenue growth, profit margins and future P/E assumptions following recent research that includes an Equal Weight initiation with an $85 target and a price target increase to $99. Analyst Commentary Recent research on Boyd Gaming highlights a mix of optimism around the underlying business and caution about where future growth may come from, especially as the industry continues to lean into digital offerings.

Is There Now An Opportunity In Boyd Gaming Corporation (NYSE:BYD)?

Dec 23
Is There Now An Opportunity In Boyd Gaming Corporation (NYSE:BYD)?

BYD: Digital Gaming Caution And Share Repurchases Will Shape Future Return Profile

Analysts have nudged their price target on Boyd Gaming slightly higher to about $92 from about $91.80, citing solid underlying fundamentals and an attractive valuation profile, even as they adopt a more cautious outlook on digital gaming growth. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the recent price target increases, into the mid to upper $90s range, still leave room for upside relative to current trading levels.

Boyd Gaming (NYSE:BYD) Will Pay A Dividend Of $0.18

Dec 08
Boyd Gaming (NYSE:BYD) Will Pay A Dividend Of $0.18

BYD: Digital Gaming Uncertainties And Core Stability Will Shape Returns Ahead

Analysts have modestly lowered their fair value estimate for Boyd Gaming to $91.80 from $92.77, citing mixed outlooks for digital gaming growth and largely stable underlying fundamentals. Analyst Commentary Recent analyst updates on Boyd Gaming reflect a mix of optimism and caution, with new coverage and adjusted price targets highlighting diverging views on the company's future growth trajectory.

BYD: Shares Will Likely Maintain Momentum As New Partnerships Drive Optimism

Analysts have raised their price target for Boyd Gaming from $89 to $99 per share, citing solid quarterly fundamentals that highlight the company's ongoing attractiveness. Analyst Commentary Following the recent earnings report, analysts have weighed in on Boyd Gaming's performance and outlook, emphasizing areas of both optimism and caution regarding the company's valuation, execution, and potential for future growth.

BYD: Recent Buybacks And Partnership May Drive Resilient Share Performance

Boyd Gaming’s analyst price target has increased by $8, rising from $91.46 to $99.00. This change reflects analysts’ positive view of strong underlying fundamentals and appeal following recent earnings.

Sky River, Suncoast, And FanDuel Ventures Will Reimagine Hospitality

Analysts have slightly increased their price target for Boyd Gaming, raising it from $90.77 to $91.46 per share. This change is attributed to minor adjustments in discount rates and growth projections.

Investors Holding Back On Boyd Gaming Corporation (NYSE:BYD)

Sep 24
Investors Holding Back On Boyd Gaming Corporation (NYSE:BYD)

Boyd Gaming (NYSE:BYD) Is Due To Pay A Dividend Of $0.18

Aug 17
Boyd Gaming (NYSE:BYD) Is Due To Pay A Dividend Of $0.18

Is Boyd Gaming (NYSE:BYD) A Risky Investment?

Jul 06
Is Boyd Gaming (NYSE:BYD) A Risky Investment?

Calculating The Intrinsic Value Of Boyd Gaming Corporation (NYSE:BYD)

Jun 22
Calculating The Intrinsic Value Of Boyd Gaming Corporation (NYSE:BYD)

Boyd Gaming Corporation's (NYSE:BYD) Earnings Are Not Doing Enough For Some Investors

May 26
Boyd Gaming Corporation's (NYSE:BYD) Earnings Are Not Doing Enough For Some Investors

Boyd Gaming's (NYSE:BYD) Dividend Will Be $0.18

May 12
Boyd Gaming's (NYSE:BYD) Dividend Will Be $0.18

Boyd Gaming: No Recession Clouds On The Horizon

Apr 28

Boyd Gaming: One Of The Best 'Buy On The Dip' Stories In The Sector

Apr 15

Boyd Gaming: Ended 2024 On A Strong Note

Mar 02

Boyd Gaming: Great Business, Investment Advantages Waning (Rating Downgrade)

Dec 14

Boyd Gaming: Virginia Project Prolongs Solid Momentum (Rating Upgrade)

Dec 01

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: BYD has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: BYD's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Boyd Gaming Dividend Yield vs Market
How does BYD dividend yield compare to the market?
SegmentDividend Yield
Company (BYD)1.0%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Hospitality)2.2%
Analyst forecast (BYD) (up to 3 years)1.0%

Notable Dividend: BYD's dividend (0.95%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.42%).

High Dividend: BYD's dividend (0.95%) is low compared to the top 25% of dividend payers in the US market (4.3%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (3.2%), BYD's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (30.3%), BYD's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/05 07:14
End of Day Share Price 2026/05/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Boyd Gaming Corporation is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Brandt MontourBarclays
Felicia Kantor HendrixBarclays